Monday, 27 February 2017
Tech stocks to buy in 2017
The technology sector has been posting strong gains in the last few months. Last week, S&P’s tech components took a breather after a 15-day winning streak. Keep the long face, you are still on time to buy some pretty awesome stocks for your new portfolio.
Politics in the mix
As it’s no surprise, rumors have been floating around regarding President Donald Trump’s migration policies and its dangerous effect for the tech sector. In case you didn’t know, Silicon Valley currently employs a large number of engineers coming from all around the globe. If their visas get blocked or rejected, it could again hit on the uncertainty button and send stocks lower.
Stay safe, buy giants
Let’s be clear. Big companies are on the top for something,... they perform. So if you are new here, it’s advisable to start with those large ships that won’t leave you halfway empty-handed. And of course, if you are still interested about trying on a riskier choice, go ahead, but keep a balanced well-established portion of at least these five: Apple, Amazon, Alphabet, Microsoft and Facebook. Once you’ve got them, sky is the limit!?
Or… Buy all good together?
Honestly, not everybody wants to stay plugged all the time looking at thousand charts per hour. Luckily, there is a great alternative: the Technology Select Sector SPDR Fund (XLK). This fund is a perfect alternative for a low-cost passive investment in the major tech sector players.
If you compare the fund with the S&P 500, you’d notice that it has been outperforming the major index for quite a long time, giving a good sign that things are going well for techies.
At the time, Apple stays on top of the fund, taking almost 15 percent of the positioning. Microsoft follows with 10.22 percent and social network Facebook is on the third place with 6.45 percent.
Check out the current composition:
Alphabet Inc (GOOGL)
Alphabet Inc (GOOG)
Cisco Systems Inc
Verizon Communications Inc
- March ( 54 )
- Wall Street set for a lower open ahead of Trump’s ...
- Trump words in focus, but why?
- What’s next? – GOLD, OIL 28.02.17
- US stock indexes to extend gains; data in focus
- Tech stocks to buy in 2017
- What’s next? – GOLD, OIL 27.02.17
- Weekly Outlook: Feb 27 - Mar 03
- What’s next? – GOLD, OIL 24.02.17
- Wall Street flats amid growing bets on a Fed rate ...
- Trump’s Tax Reform: Sell or Buy?
- What’s next? – GOLD, OIL 23.02.17
- US equities to open flat; Fed minutes eyed
- Is the Fed raising rates in March?
- What’s next? – GOLD, OIL 22.02.17
- Wall Street to open higher ahead of PMI data; FOMC...
- US Manufacturing PMI: ISM or Markit?
- What’s next? – GOLD, OIL 21.02.17
- Market focus turns into Europe; Wall Street on hol...
- Trading Trump’s tweets explained
- Turn into gold in 2017
- What’s next? – GOLD, OIL 15.02.17
- Why should I follow European politics?
- What’s next? – GOLD, OIL 14.02.17
- US-Japan friendship set to continue
- What’s next? – GOLD, OIL 13.02.17
- Wall Street to extend gains; Consumer confidence e...
- Trading signals - Confidence in rate hikes is back...
- Weekly Outlook: Feb 13 - Feb 17
- What’s next? – GOLD, OIL 10.02.17
- 3 reports to trade oil futures
- What’s next? – GOLD, OIL 09.02.17
- US equities to extend gains; Crude inventories in ...
- Is Trump’s deregulation good for Wall Street?
- What’s next? – GOLD, OIL 08.02.17
- Non-farm failed to raise urgent expectations for h...
- Loose the creepy charts
- What’s next? – GOLD, OIL 07.02.17
- US equities set for a flat opening
- Political risk is keeping rates steady
- What’s next? – GOLD, OIL 06.02.17
- Wall Street looks ahead of US employment data
- Weekly Outlook: Feb 6 - Feb 10
- What's next? – GOLD, OIL 03.02.17
- Chinese New Year
- Company's report 2016
- US markets look ahead of data and earnings
- October ( 4 )
- September ( 6 )
- August ( 3 )
- July ( 6 )
- June ( 3 )
- May ( 1 )
- April ( 1 )
- March ( 6 )
- February ( 4 )
- January ( 4 )
- company news
- fundamental analysis
- interest rates
- non farm payrolls
- trading signals
- upcoming economic events
- volatile markets
- Wall Street